PMP Questions ID 2982 yasmin is a senior project manager who has just taken on a project that will produce a new line o

Yasmin is a senior project manager who has just taken on a project that will produce a new line of medical widgets for a Fortune 100 company. The entire industry is buzzing with excitement over this project, which is estimated to span three years and require an investment of $1.5 billion from the company. What type of project is this?

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Portfolio

Megaproject

Program

Strategic project

You are the newly appointed project manager of a high-profile, critical project for your organization. The project team is structured outside your normal organizational structure, and you have full authority for this project. What type of organization does this describe?

All of the following statements are true regarding NPV except which one?

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NPV assumes reinvestment at the cost of capital.

Projects with NPV greater than zero should receive a go decision.

NPV is the discount rate when IRR equals zero.

Projects with high returns early on should be favored over projects with low returns early on.

All of the following are true regarding honesty as a value project managers should uphold, except for which one?

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Personal gain should never be a factor in any project decision.

Honesty can include reporting the truth regarding project status.

Honesty only involves information regarding your own background and experience.

Honesty includes being honest about your own experience, not deceiving others, and not making false statements.

The project manager reviews lessons learned from past similar projects to start the project off on the right foot. What input contains lessons learned and historical information from past projects?

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Organizational process assets

Enterprise environmental factors

Project documents

Lessons learned register

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